Amex Lufthansa Lounge Access and Marriott Investor Gets Bonvoyed

News and notes from around the interweb:

  • List of hotel best rate guarantees
  • Marriott investor thinks they’re getting bonvoyed, wants a board seat. (WSJ)

    The fund believes Marriott is an iconic and generally well-run company that mishandled its roughly $13 billion acquisition of Starwood Hotels & Resorts Worldwide Inc. in 2016 by poorly integrating both companies’ rewards-points systems and maintaining a portfolio with too many brands, the people said.

    Don’t expect them to champion changes that would benefit the consumer though “The hedge fund also believes the Maryland company would benefit from adding a shareholder’s perspective to its board and increasing dividends and buybacks, the people said.”

  • Opentable says they care about user privacy and that’s why they now charge a fee to let restaurants access your data. I’m reminded of an apocryphal Winston Churchill story

    “Churchill: “Madam, would you sleep with me for five million pounds?”
    Socialite: “My goodness, Mr. Churchill… Well, I suppose… we would have to discuss terms, of course… ”
    Churchill: “Would you sleep with me for five pounds?”
    Socialite: “Mr. Churchill, what kind of woman do you think I am?!” Churchill: “Madam, we’ve already established that. Now we are haggling about the price”

  • Amex extends deal for Platinum and Centurion cardmembers to access certain Lufthansa lounges
  • Etihad lost over $1.2 billion last year the good news is that’s less than the year before, and less still than the year before that. Investing in basket case airlines turned out to be a very bad idea. And though airlines like American lose money actually flying planes, Etihad doesn’t have enough credit card revenue to make up for their problems…

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Comments

  1. Why do you link to the WSJ when only subscribers can access the content due to the paywall?

  2. Etihad proves the old adage if you want to make a small fortune in the airline business, start with a large one.

  3. @Gary the quotation you attribute to Winston Churchill was actually (reportedly) uttered by Oscar Wilde. A rather different gentleman….

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